Adausdsignals
Cardano Consolidating Poised For A Big Move To Fresh New HighCardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH , currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9.
Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control.
Key Buy Zone highlighted between 23.6% and 50% Fib retracement levels (Buy Zone 1). Use the buy zone to map out your entry for buys. Mid term Price target at 127.20% Fibs $1.66 and the Fib extension level of 161.80% @ $1.88. These price targets are all in play for the coming month with a possible gain between 55% to 75% from Buy Zone 1 at the 38.20% Fib retracement level of $1.08.
Overall very bullish outlook on ADAD with a long-term price target of $9 EOY.
A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01 /03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!!
ADAUSD Channel Up into Rising Wedge. When to buy.Pattern: Rising Wedge on 4H.
Signal: Buy once the prices makes contact with the 4H MA50 again (blue trend-line) as it is near the Higher Lows trend-line of the Rising Wedge.
Target: 0.48000 (just below the 1.236 Fibonacci extension, which has been projecting the Higher Highs within the Rising Wedge).
Previous ADAUSD trade:
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ADAUSD is looking for the 1D MA50Cardano is one of the coins that has seen extraordinary gains already during the first week of the year. However as most coins did, it is seeing a retracement since yesterday. That shouldn't come as a surprise as on the 1D time-frame, the RSI hit a Resistance Zone that is holding since January 2018!
More precisely, since April 2019, every test of that Resistance resulted in (approximately) a -25%, -35% and -45% correction (of course I exclude March's COVID meltdown which is non-technical). The 1D MA50 (blue trend-line) has been able to contain most such pull-backs (with the exception of May 2019, Feb 2020 and Sept 2020 which found Support on the 1D MA200 (orange trend-line)).
Based on the above it makes sense for ADAUSD to stay sideways for another 1-2 weeks until it makes contact with the 1D MA50 and then continues its bullish trend.
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ADA/USDT (Reversing from the support line)ADAUSDT : Strong support at 0.089 and Now ADA started reversing from the strong support level.
Entry level : 0.089 - 0.093
Resistance level 1: 0.100
Resistance level 2: 0.113
Resistance level 3: 0.128
Resistance level 4: 0.153
Stoploss: below the support line (0.089)
Cardano; Catch Cryptos in PLAY(I chase the profit not the price)THE PRINTER WORKS!
Hello Friends, let's catch these profits where the printers are working right now.
Cardano (ADA) is in Play and here is my trade setup , I will share it with you but in return, I only ask for you to like my idea to show me you would want more updates.
Pattern discovered;
Symmetric Triangle.
(I drew a midline that acts as a good resistance and support)
Trade set up
1. Enter a "long" (I am using leverage of 50x but this is no financial advice just my trade setup) trade above the high of the breakout at 0.05544.
2. Place a "stop" order below the low of the previous swing low at 0.05288
3. Target the depth of the triangle from the breakout level at 0.062860
(this idea will be in play for a while)
ADA/USDT - level retestthere was no rollback after the key level breakdown.
...are pushing the 0.05439$ level...
level retest in 18 days.
The previous day was closed under the level.
The entry point must be searched at a smaller timeframe.
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ADAUSDt Locally signal(LONG)Hello friends.
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Everything on the chart.
chart looking bullish
You can buy it right now on the market, or to be sure after fixing above the channel
Targets: 0.55$ and ~0.59$
(after first target will reached move ur stop to breakeven)
growth cancellation if we rollback and consolidation below 0.5
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Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Also open to your questions or suggestions(PM to me).Will be glad earn some money for me and you.
ADAUSDT Sell/Short Trade, 20% gainADAUSDT is forming a triangle pattern; it's not broken yet but looks it will break downside the triangle.
Volume is not big enough to support the bullish movement;
On the H1 chart there we can see bearish divergence that shoes the weakness of the trend.
We can enter this trade in two way
1) Enter now if it makes a reversal from the trend resistance of the triangle and wait till to break the triangle downside till target reached and if it doesn't break downside then exit. (20% gain)
2) In second trade we can enter in a confirmed breakout when it breaks downside. (15% gain)
Keep Trailing Stop
ADAUSDT - uptrend is not completed !!!Good afternoon, colleagues! To everyone who trades or holds this coin in his portfolio - the upward movement does not end there! The graph shows my price expectations in the medium term. 0.09-0.1 - sales area. Where is it desirable to sell a coin. The option with working out the double bottom will be confirmed during the breakdown of this zone. The minimum value of the correctional movement is 0.5, whether the price will come there or not is unknown. Now there is an active purchase and it can fly at any time.
Consider your risks and trade with pleasure.
Thanks to all my subscribers and readers for your attention! 🙏
Success and profit!
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